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Shiba Inu

Shiba Inu priceSHIB

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Shiba Inu price calculator

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1 SHIB = 0.{5}8391 USD
Last updated 2023-12-02 08:55:20(UTC-0)

Shiba Inu price live data summary

The live price of Shiba Inu is $0.{5}8391 per (SHIB / USD) today with a current market cap of $4.95B USD. The 24-hour trading volume is $99.17M USD. SHIB to USD price is updated in real time. Shiba Inu is +0.86% in the last 24 hours. It has a circulating supply of 589,346,900,000,000 .

What is the highest price of SHIB?

SHIB has an all-time high (ATH) of $0.{4}8845, recorded on 2021-10-28.

What is the lowest price of SHIB?

SHIB has an all-time low (ATL) of $0.{10}8165, recorded on 2020-09-01.

Shiba Inu price performance in USD


Shiba Inu price history in USD

All-time$0.{10}8165(2020-09-01, 3 years ago )$0.{4}8845(2021-10-28, 2 years ago )

Shiba Inu market information

Market capCombinedShapeIcon
Fully diluted market capCombinedShapeIcon
Volume (24h)CombinedShapeIcon
Market rankingsCombinedShapeIcon
Circulation rateCombinedShapeIcon
24h volume / market capCombinedShapeIcon
Circulating supplyCombinedShapeIcon
589,346,900,000,000 SHIB
Total supply / Max supplyCombinedShapeIcon
589.59T SHIB

Shiba Inu ratings

Average ratings from the community
100 ratings
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About Shiba Inu

This information is from the internet and is not for use as investment advice. If you see any problems, kindly provide your feedback.

What Is Shiba Inu?

Shiba Inu (SHIB) is a meme coin. Launched in August 2020, Shiba Inu was introduced to the crypto world by an anonymous person or group known as "Ryoshi”. Named after a breed of Japanese dog that has become a popular online meme, Shiba Inu is one of many tokens that have been described as a "meme coin," similar to Dogecoin. Despite its meme-inspired origins, Shiba Inu has rapidly gained traction and is recognized for its value, growth, and engaging community.

While the details surrounding the origins remain mysterious, the vision of Shiba Inu was clear from the outset – to create a fully decentralized and vibrant ecosystem within the Ethereum blockchain, which fosters a sense of community and offers more than just a digital asset.

Inspired by Dogecoin but looking to surpass it in terms of utility, Shiba Inu came into existence with the intention of being more than a fun meme cryptocurrency. It has been designed with an ecosystem that includes ShibaSwap, its own decentralized exchange.



Official website:

How Does Shiba Inu Work?

Shiba Inu was designed to be a self-regulating community. The token's creator, known only as "Ryoshi," began with a supply of one quadrillion SHIB. 50% of the total supply was locked into Uniswap, a decentralized finance protocol used for exchanging cryptocurrencies. The remaining 50% was sent to Ethereum co-founder Vitalik Buterin as a burn gesture.

Shiba Inu is an ERC-20 token, which means it abides by the set of protocols established for tokens on the Ethereum blockchain. This gives it the advantage of being interoperable with a vast range of services that also use the Ethereum network.

Shiba Inu can be obtained by mining, buying on crypto exchanges like Bitget and Coinbase, or through decentralized trading platforms like Uniswap. It is also possible to earn SHIB by providing liquidity on DeFi platforms.

ShibaSwap, the native decentralized exchange of Shiba Inu, offers additional ways to interact with the token. It allows holders to stake their SHIB tokens and earn rewards, as well as swap tokens and participate in yield farming.

Rise to Popularity

Shiba Inu gained a quick rise to fame in May 2021 when Ethereum co-founder, Vitalik Buterin, received half of SHIB's total supply from the developers as a part of a burn mechanism. He donated a significant portion of it to a Covid-19 relief fund for India, garnering massive media attention for Shiba Inu.

While its meme origins and association with Dogecoin have certainly contributed to its rise, Shiba Inu also owes much of its success to the wider cryptocurrency bull run, which has seen a resurgence of interest in altcoins. The robust community behind it, the so-called "Shiba Army," also plays a critical role in popularizing and developing the Shiba Inu project.

In early March 2023, Shiba Inu Layer-2 network, Shibarium is in public beta testing phase.

What Determines Shiba Inu's Price?

Understanding the factors that influence the Shiba Inu coin price is crucial for both seasoned investors and newcomers in the cryptocurrency market. Often touted as the "Dogecoin killer," Shiba Inu is an Ethereum-based ERC-20 token that has garnered significant attention, partly due to its vibrant community known as the SHIBArmy. One of the most compelling aspects of Shiba Inu's value is its community-driven approach.

Unlike traditional assets, the Shiba Inu cryptocurrency price is largely influenced by its strong and active community, social media trends, and high-profile endorsements—such as tweets from Elon Musk. This community backing acts as a double-edged sword; while it can pump the current price of Shiba Inu to staggering highs today, it also makes the asset susceptible to dramatic falls. As a result, making a Shiba Inu price prediction becomes a challenging task.

The Shiba Inu market cap has seen astronomical gains, peaking at a staggering market capitalization of $41 billion in October 2021. However, it's essential to note that Shiba Inu's price history is marked by extreme volatility, a common trait among meme coins. The Shiba Inu price chart often reflects frenetic trading activity rather than intrinsic utility, making it a high-risk, high-reward Shiba Inu investment.

Another key factor affecting the Shiba Inu coin price is its total supply and the token burning mechanism. Initially, Shiba Inu had a total supply of 1 quadrillion tokens. A significant portion of these tokens were burned, permanently removed from circulation, potentially driving up the Shiba Inu coin value.

Shiba Inu's ecosystem also includes other tokens like Leash and Bone, as well as platforms like ShibaSwap, a decentralized exchange that adds utility to the Shiba Inu cryptocurrency. The exchange allows users to trade, stake, and participate in yield farming, offering multiple avenues for potential returns. With Shiba Inu price live updates available on various exchanges and its integration into different blockchain projects, the current Shiba Inu price in USD, INR, GBP, or EUR is readily accessible, making it easier for global investors to jump in.

However, the question "Is Shiba Inu a good investment?" doesn't have a straightforward answer due to its speculative nature. Investment in Shiba Inu should be considered carefully, keeping in mind the asset's volatility and ever-changing market trends.

The Shiba Inu price is determined by a complex interplay of factors including community support, celebrity endorsements, tokenomics, and its ecosystem's utility. While the Shiba Inu price forecast remains highly unpredictable, understanding these factors can offer valuable insights for both short-term traders and those considering long-term Shiba Inu investment strategies.


Shiba Inu has quickly risen to prominence in the crowded world of cryptocurrencies. Its origin as a meme coin might have fueled its initial popularity, but its underlying technology and the development of a robust ecosystem that includes its own decentralized exchange, ShibaSwap, have given it substance beyond the meme.

It's important to note that like any other cryptocurrencies, Shiba Inu carries its own risks and it's always wise to do your own research and exercise caution while investing.

How to buy Shiba Inu (SHIB)

Buying Shiba Inu on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Shiba Inu (SHIB) .

Trade SHIB perpetual futures

After having successfully signed up on Bitget and purchased USDT or SHIB tokens, you can start trading derivatives, including SHIB futures and margin trading to increase your income.

The current price of SHIB is $0.{5}8391, with a 24h price change of +0.86%. Traders can profit by either going long or short onSHIB futures.

Join SHIB copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or SHIB tokens, you can also start copy trading by following elite traders.

Shiba Inu news

See more

Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk2023/11/16 16:00#Business#Sushi#SushiSwap

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk2023/07/25 20:47#Business#Twitter#DOGE

Bitcoin Dawdles Below $30K as Investors Eye Coming Fed Rate Decision, BTC Options Expiry

Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.

Coindesk2023/07/22 05:46#Markets#Markets#Bitcoin

Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight2023/09/08 21:49#Bitcoin#NFT
profileImg Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about

TokenInsight2023/08/22 23:31#Social#Coinbase

People are also inquiring about the price of Shiba Inu.

What is the current price of Shiba Inu?

We update our Shiba Inu to USD price in real time. Get the live Price of Shiba Inu on Bitget.

What is the 24 hour trading volume of Shiba Inu?

Over the last 24 hours, the trading volume of Shiba Inu is $99.17M.

What is the all-time high of Shiba Inu?

The all-time high of Shiba Inu is $0.{4}8845. This all-time high is highest price for Shiba Inu since it was launched.

Can I buy Shiba Inu on Bitget?

Yes, Shiba Inu is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Shiba Inu guide.

Can I get a steady income from investing in Shiba Inu?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Shiba Inu with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying Shiba Inu online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Shiba Inu, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Shiba Inu purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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Total profit $552,754.05
Total profit $24,402.25
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